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Leading Economic Indicators Rise for Eighth Month

An index of leading economic indicators improved for an eighth straight month in November, the New York-based Conference Board said Thursday.

December 17, 2009

Initial Jobless Claims Increase

Initial jobless claims rose last week, the Labor Department reported Thursday.

December 17, 2009

FedExs 2Q Earning Drop 30%

FedEx Corp. said Thursday its second-quarter profit fell 30% to $345 million, or $1.10 per share, from $493 million, or $1.58, a year ago.

December 17, 2009

YRC Extends Debt-Equity Exchange Offer to Dec. 23

YRC Worldwide has extended its debt-for-equity exchange offer to Dec. 23 and amended the terms.

December 17, 2009

Housing Starts Jump 8.9% in November

Housing starts jumped 8.9% in November while building permits rose to the highest level in a year, the Commerce Department said Wednesday.

December 16, 2009

November CPI Rises 0.4%

The consumer price index rose 0.4% in November, the Labor Department said Wednesday.

December 16, 2009

Schneider Completes Intermodal Container Conversion

Schneider National said Wednesday its intermodal division has completed a three-year conversion project replacing its mixed trailer/container fleet to an all-container fleet.

December 16, 2009

Fed Again Holds Key Interest Rate at Record Low Near Zero

The Federal Reserve voted for the ninth straight time Wednesday to keep a key U.S. interest rate at a record low target range of zero to 0.25%.

December 16, 2009

Port of L.A. to Allow Some Extensions for Older Trucks

The Port of Los Angeles said Wednesday it will allow a limited number of truckers to continue operating their existing trucks past a Jan. 1 deadline for cleaner trucks.

December 16, 2009

Pacer Names Daniel Avramovich CEO

Transportation and third-party logistics firm Pacer International said Daniel Avramovich will become its new chief executive officer, effective close of business Tuesday.

December 15, 2009